Director of Asset Management

Lead the Asset Management function at a $1B+ multifamily owner/operator. You’ll report directly to the CFO and have real authority to drive NOI and portfolio value. Up to $200K base plus bonus. Regional MD/DC portfolio with no overnight travel.

This Jobot Job is hosted by: Hunter King
Are you a fit? Easy Apply now by clicking the "Apply" button and sending us your resume.
Salary: $140,000 - $200,000 per year

A bit about us:

We are a vertically integrated residential development and investment firm based in the greater Baltimore/Washington region. We started in 2004 with a single 35-unit property. Today we develop, own, rehabilitate, sell, and manage a portfolio of roughly 4,000 units valued at more than $1 billion. Our team of 60+ is large enough to execute at an institutional level and small enough to move quickly and decisively. Integrity, transparency, and accountability to our partners guide every decision we make. We are now looking for a Director of Asset Management to lead our Asset Management function and drive the financial performance and long-term value of our multifamily portfolio.

Why join us?

Lead the Asset Management function with a direct line to the CFO
Up to $200K base salary plus bonus, DOE
Full benefits package (details to be confirmed)
Regional MD/DC portfolio with no overnight travel
Mileage reimbursement for property visits
Real influence over capital allocation and portfolio strategy at a $1B+ firm

Job Details

What We Are Looking For:

This leadership role is responsible for running our Asset Management function and getting the most performance and value out of our multifamily portfolio. You will oversee asset performance, financial analysis, capital planning, and operational alignment so that every asset meets its business plan. This is an ownership-side role. We need someone who has already led a multifamily Asset Management function and knows how to assess a portfolio, find financial underperformance, put a strategy in place, and lead the team through execution. You will work closely with Executive Leadership, Finance, Operations, Construction, and our Data & Visualization team. You will hold property management teams accountable and bring clear, confident recommendations to executive leadership. This role reports to the CFO and is fully onsite at our Pikesville, MD headquarters.

What You Will Do:

Lead the Asset Management function by setting priorities, processes, and best practices.
Develop and execute asset management strategies that maximize long-term portfolio value.
Lead, coach, and develop a team of Asset Managers and a Data Visualization & Reporting Analyst.
Analyze portfolio performance, including revenue, expenses, NOI, capital investments, and operational trends.
Track performance against underwriting assumptions, budgets, KPIs, and business plans.
Partner with Operations and Finance on action plans for underperforming assets.
Lead recurring asset performance reviews across the portfolio.
Oversee annual budgeting, forecasting, and long-term capital planning.
Evaluate capital improvement projects and value-add opportunities, analyze ROI, and make sure capital allocation supports portfolio objectives.
Oversee monthly, quarterly, and annual portfolio reporting, plus lender and investor reporting requirements.
Present financial analysis and strategic recommendations to executive leadership.

What We Provide:

Salaried, DOE
Annual Bonus
Full-Time
Full Benefits Package Available
Mileage Reimbursement

What We Believe:

We value inclusivity, welcoming candidates from diverse backgrounds, including non-traditional paths. Unique experiences enrich our team, and the willingness to dream big makes you an exceptional candidate!

We are committed to creating a diverse and inclusive environment and are proud to be an equal opportunity employer. We do not and will not discriminate in employment and personnel practices on the basis of race, sex, age, disability, religion, national origin, or any other basis prohibited by applicable law. Hiring, transferring, and promotion practices are performed without regard to the above listed items.

What We Require:

7+ years of experience in multifamily asset management, real estate finance, portfolio management, or related real estate investment roles
Proven experience leading an Asset Management function at a multifamily owner/operator, REIT, private equity, or real estate investment firm
Strong command of NOI, CAPEX, underwriting assumptions, budget variance analysis, and return optimization strategies
Track record of measurable results, such as NOI improvement, portfolio turnarounds, refinancing, or capital projects
Experience leading teams and holding property management partners accountable
Executive-level communication and presentation skills
Experience with Yardi or similar property management/accounting software
Advanced proficiency in Microsoft Excel and PowerPoint
Bachelor’s degree in Finance, Real Estate, Business Administration, Accounting, or a related field
Master’s degree and experience presenting to lenders, investors, or ownership groups preferred

Interested in hearing more? Easy Apply now by clicking the "Apply" button.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.

Information collected and processed as part of your Jobot candidate profile, and any job applications, resumes, or other information you choose to submit is subject to Jobot's Privacy Policy, as well as the Jobot California Worker Privacy Notice and Jobot Notice Regarding Automated Employment Decision Tools which are available at jobot.com/legal.

By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Jobot, and/or its agents and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy here: jobot.com/privacy-policy